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MG Motor, a joint venture between China’s Saic Motor and India’s steel-to-cement JSW Group, plans to invest up to US$440 million to expand its India factory and launch new…
The German government is set to introduce an investment commitment on streaming platforms and TV broadcasters that would oblige them to invest 8% of their revenue in Germany in local…
Though I long resisted the label, I have been a solopreneur ever since I started working as a freelance writer in 2010. As the owner, manager, and only employee, all decisions about my…
Big Tech companies and investors such as SoftBank Group are racing to forge partnerships with the ChatGPT maker Nvidia’s plan to invest up to US$100 billion in OpenAI to help it…
IA, Amazon and Microsoft are in talks to invest up to US$60 billion in OpenAI, The Information reported on Wednesday. Nvidia, an existing investor whose chips power OpenAI’s…
The joint venture will give the Japanese entertainment company funds to build up its portfolio of songs Sony Group and Singapore’s GIC sovereign wealth fund are forming a joint…
BANK is in discussions to invest up to an additional US$30 billion in OpenAI, a person familiar with the matter told Reuters on Tuesday. The investment would form part of a…
Anduril Industries, one of the leading defense companies in Southern California, will expand in Long Beach with a new $1-billion complex near the city’s airport. Anduril is developing new…
French cosmetics giant L’oreal said on Wednesday (Jan 21) it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment of US$383.4 million. The hub…
US Commerce Secretary Howard Lutnick said South Korean memory chipmakers and Taiwanese companies that are not investing in the US may face up to 100 per cent tariffs unless they commit to…
Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people…
South Korea’s SK Hynix said on Tuesday it has decided to invest 19 trillion won (S$16.6 billion) to build an advanced chip packaging plant in South Korea to meet rising memory chip demand…
The data centre construction boom has also prompted major players, including Meta Platforms OpenAI and SoftBank Group will invest US$500 million each in SB Energy to expand data centre and…
President Donald Trump on Friday called on oil executives to rush back into Venezuela as the White House tries to quickly secure $100 billion in investments to fix the country's neglected…
US OIL companies want “serious guarantees” from Washington before they make large investments in Venezuela, as President Donald Trump urges them to back his bid to reshape energy markets,…
CHINESE artificial intelligence (AI) startup MiniMax has secured Alibaba and the Abu Dhabi Investment Authority as key backers in its upcoming initial public offering (IPO) in Hong Kong,…
The private equity firm beat rival firms Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg Pincus on Wednesday (Dec 17) announced that it has…
AMAZON is in discussions to invest in OpenAI, the developer of ChatGPT, in a potential deal that could value the artificial intelligence company at over US$500 billion, a source familiar…
The Philippine sovereign wealth fund has pursued a few deals since its inception in 2023 Philippine sovereign wealth fund Maharlika Investment plans to acquire a minority stake in Asian…
Foxconn, the world’s largest contract electronics maker, said on Friday (Dec 12) it will invest US$509.94 million to build its Kaohsiung headquarters in southern Taiwan. That would include…
Amazon plans to invest more than US$35 billion in India by 2030 to expand its operations by boosting artificial intelligence (AI) capabilities and increasing exports, the US e-commerce…
The company plans to increase production to 150,000 annually within a year and double it in the next three years VinFast Auto, Vietnam’s largest carmaker, plans to invest US$500 million in…
ByteDance’s TikTok will invest more than 200 billion reais (S$49 billion) to build a data centre in Brazil, marking its first project in Latin America. TikTok will partner with data centre…
Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in the country for assembly and testing operations.…
